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How to Retire Rich with Real Estate

What’s your retirement plan? If you're like most people, you probably have some vague thoughts about spending part of the year soaking up the sun and enjoying the golf course. Perhaps a beautiful home and some cash set aside for any care you or your partner might need. But unless you’re either lucky in terms of private funds or have been really good about putting  money aside, you’re more likely to joke that you'll need to win the lottery before you hang up your work clothes for good...

How to Accumulate Wealth

While money doesn’t buy happiness, there’s no doubt that it certainly eases the quest. Decades ago, building wealth wasn’t nearly as easy or as accessible as it is now. The following tips are some of the most effective ways to accumulate wealth now. How to Accumulate Wealth: 5 Simple Tips 1. Stop spending. It might seem obvious, but learning to control impulsive, discretionary spending might be the best first step to increasing your overall wealth. (Spending only increases som...

The Pros and Cons of Owning Multiple Rental Properties

All investments have their upsides and downsides, and real estate isn’t much different. However, it can be a solid investment vehicle for anyone who enjoys the diverse field of residential property as an active or passive owner. It’s one of the few ways to generate income to offset its overhead while growing a financial portfolio. Owning multiple properties increases your passive income stream and net worth, but like all investments, it has its pros and cons. Pros of Owning Multiple R...

Little Known Ways to Fund Investment Properties

It's clear that if you're looking to increase your passive income, real estate investment properties—specifically turnkey real estate investments—are a great option, but what if you have absolutely no money of your own to invest (no stocks and shares portfolio, no inherited pot of gold, no property of your own to refinance your mortgage)? If that's your situation, you might think that investing in real estate is out of the question for you. Let’s assume you don’t have a single...